Everything invites you to think yes.
At least if we take into account that advertising revenue has increased again in the first quarter of 2021, going from + 46% in the previous quarter to + 48% in the past three months. Or what is the same: Six billion dollars in January income for this part according to the accounts provided before the alphabet.
The economic results are very similar to those provided by the video-on-demand platform led by Red Hastings, which in the last quarter can boast of having entered $ 7,163 million, thanks to growth of 24%, which is somewhat less than Google’s video platform.
If things continue this way, YouTube could end the year with around 29,000 or 30,000 million in sales while expert analysts expect annual Netflix sales to be $ 29,700 million.
Although in reality, it can be said that YouTube has already won if we consider that we are talking about average sales and not net profits. Which is that while Netflix needs to invest billions and billions to produce new content that arrives on its platform every week (to give you an idea, from the 24,996 million that it billed last year, it just announced it had a net profit of 2.761 million) everything points to YouTube (which is actually a phrase) About a social network that is more than a video-on-demand platform and doesn’t practically invest in producing its own content because its users are already doing it for them) it can handle a much larger profit margin.